Tuesday, June 18, 2024

Finance Minister confers with World Bank Vice President for Eastern and Southern Africa

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Finance and National Planning Minister, Situmbeko Musokotwane has advised that the much anticipated second meeting with International Creditors will be held on Monday 18th July and expressed hope that good policies will be generated from the meeting

Mr Musokotwane said this at State House yesterday when visiting World Bank Vice President for Eastern and Southern Africa, Victoria Kwakwa paid a courtesy call on President Hakainde Hichilema this afternoon.

“We have been informed that the second meeting of the creditors will take place on Monday 18th of July and we are hopeful that some good policies will come out of that.”

Dr Musokotwane who earlier on held talks with Dr Kwakwa at his office disclosed that the two touched on various issues of national development including the economic performance of the country, debt and economic reforms .

He further disclosed that discussions included other economic reforms such as the increased funding to rural areas through the Constituency Development Fund, teacher and medical staff recruitment as well as free education.

“We discussed the former agenda including putting money in social sectors like education which has seen more children in schools, infact now we are hearing that schools are full.” he added.

Dr Musokotwane advised that the country’s corruption fight efforts were discussed and also explored ways in which the country can avoid going into a debt crisis that it faced some years back.

8 COMMENTS

  1. This is just a formality.

    Researchers in Toronto used a photonic quantum computer chip to solve a sampling problem that went way beyond the fastest computers and algorithms.

    Algorithm: a process or set of rules to be followed in calculations or other problem-solving operations, especially by a computer.

    GRZ what rules are we following to pay back IMF and World Bank? After UPND is gone.

  2. This is just a formality.

    Algorithm: a process or set of rules to be followed in calculations or other problem-solving operations, especially by a computer.

    GRZ what rules are we following to pay back IMF and World Bank? After UPND is gone.

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  3. Why didn’t u talk to Ndambo like this. Pride of just accepting that your fellow black guy can help you. Unless he was white. Slavery taught black people that a white man is an investor and a black man is a competitor!

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